Price for Cotton; Garnetted Stock Waste in India - 2023
Contents:
- Price for Cotton; Garnetted Stock Waste in India (FOB) - 2023
- Price for Cotton; Garnetted Stock Waste in India (CIF) - 2023
- Exports of Cotton; Garnetted Stock Waste in India
- Imports of Cotton; Garnetted Stock Waste in India
Price for Cotton; Garnetted Stock Waste in India (FOB) - 2023
In September 2023, the average cotton; garnetted stock waste export price amounted to $602 per ton, stabilizing at the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 21% m-o-m. As a result, the export price attained the peak level of $761 per ton. From January 2023 to September 2023, the the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Bangladesh.
From September 2022 to September 2023, the rate of growth in terms of prices for Bangladesh amounted to -0.9% per month.
Price for Cotton; Garnetted Stock Waste in India (CIF) - 2023
The average cotton; garnetted stock waste import price stood at $928 per ton in September 2023, therefore, remained relatively stable against the previous month. Over the period under review, the import price showed a abrupt curtailment. The most prominent rate of growth was recorded in July 2023 an increase of 384% month-to-month. Over the period under review, average import prices attained the peak figure at $3,431 per ton in February 2023; however, from March 2023 to September 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Bangladesh.
From September 2022 to September 2023, the rate of growth in terms of prices for Nepal amounted to 0.0% per month.
Exports of Cotton; Garnetted Stock Waste in India
In 2022, overseas shipments of cotton; garnetted stock waste decreased by -43.7% to 3.1K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 100%.
In value terms, cotton; garnetted stock waste exports shrank notably to $2.5M in 2022. In general, exports, however, showed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 102% against the previous year.
| Export of Cotton; Garnetted Stock Waste in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 576 | 940 | 3,011 | 1,658 | 42.3% |
| Taiwan (Chinese) | N/A | 694 | 771 | 599 | -7.1% |
| United Arab Emirates | 88.6 | 117 | 146 | 77.6 | -4.3% |
| Italy | 7.1 | 18.5 | 21.7 | 62.7 | 106.7% |
| Nepal | 53.4 | 109 | 95.9 | 42.3 | -7.5% |
| Belgium | 163 | 146 | N/A | N/A | -10.4% |
| Pakistan | 187 | N/A | N/A | N/A | 0% |
| Others | 0.5 | 152 | 91.8 | 17.9 | 229.6% |
| Total | 1,077 | 2,176 | 4,138 | 2,457 | 31.6% |
Top Export Markets for Cotton; Garnetted Stock Waste from India in 2022:
- Bangladesh (2389.5 tons)
- Taiwan (Chinese) (314.4 tons)
- United Arab Emirates (168.2 tons)
- Nepal (125.3 tons)
- Italy (48.3 tons)
Imports of Cotton; Garnetted Stock Waste in India
In 2022, purchases abroad of cotton; garnetted stock waste decreased by -71.5% to 7.4 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a sharp contraction. The most prominent rate of growth was recorded in 2020 with an increase of 8.9%. As a result, imports attained the peak of 325 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, cotton; garnetted stock waste imports dropped dramatically to $14K in 2022. In general, imports saw a precipitous decline. The pace of growth appeared the most rapid in 2020 with an increase of 1.1%. As a result, imports reached the peak of $213K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Cotton; Garnetted Stock Waste in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 10.1 | 0% |
| Bangladesh | 47.3 | 191 | 20.1 | 2.8 | -61.0% |
| Spain | N/A | 1.4 | 15.2 | 0.7 | -29.3% |
| Sri Lanka | 55.2 | N/A | N/A | N/A | 0% |
| United States | 108 | N/A | N/A | N/A | 0% |
| United Arab Emirates | N/A | 20.6 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 211 | 213 | 35.3 | 13.6 | -59.9% |
Top Suppliers of Cotton; Garnetted Stock Waste to India in 2022:
- Germany (5.1 tons)
- Bangladesh (2.0 tons)
- Spain (0.3 tons)
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